Consolidated Water Co Ltd reports results for the quarter - Earnings Summary

Consolidated Water Co

15/11/2024 14:10

* Consolidated Water Co Ltd  CWCO.OQ  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter , lower than
the same quarter last year, when the company reported EPS of 54
cents.  The mean expectation of two analysts for the quarter was
for earnings of 26 cents per share. Wall Street expected
results to range from 25 cents to 26 cents per share.
    * Revenue fell 33% to $33.39 million from a year ago;
analysts
expected $31.75 million. 
    * Consolidated Water Co Ltd's reported EPS for the quarter
was 28
cents​.
    * The company reported quarterly net income of $4.45
million.
    * Consolidated Water Co Ltd shares had fallen by 2.3% this
quarter and lost 30.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the water &
related
utilities peer group is  "buy."

Wall Street's median 12-month price target for Consolidated
Water Co Ltd is $38.00 
This summary was machine generated from LSEG data November 15 at
02:10 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.26           0.28           Beat
 Jun. 30 2024      0.34           0.26           Missed
 Mar. 31 2024      0.39           0.43           Beat
 Dec. 31 2023      0.44           0.63           Beat